KUALA LUMPUR, Feb 27 ― The Employees Provident Fund (EPF) has declared a dividend of 5.2 per cent with a payout amounting to RM42.88 billion for Simpanan Konvensional and 4.9 per cent for Simpanan Shariah, with a payout totalling RM4.76 billion. Cumulatively, the total payout for 2020 is RM47.64.
Saturday, 27 Feb 2021 02:33 PM MYT
The EPF ensured that employers were able to sustain their costs and continue to retain their employees by offering the Employer Covid-19 Assistance Programme, specifically targeted at small and medium enterprises. Picture by Hari Anggara
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KUALA LUMPUR, Feb 27 The Employees Provident Fund (EPF) said to date, a total of RM18.1 billion has been withdrawn by 5.16 million members under the i-Lestari facility, which was among the immediate measures undertaken by the fund amid the challenging situation in 2020 due to the pandemic.
It stepped in to help members and employers cope with cash flow issues following the movement control order from March 18 to May 12, 2020 when most economic sectors were closed.